Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 200.46

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Jan 9 9:30 AM EST

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To: Stitch who wrote (8787)	10/1/2000 4:05:53 PM
From: La Traguhs	Read Replies (1) of 9256

I took an early weekend, but just as I was leaving Friday, I confirmed another rumor that has been brewing for the past few weeks and that it is Conner Tecnology is no more. Finis is off stealing Read-Rite optical folks with the intention of also doing something in the fiber optic component area. Must be nice to have petty cash like that laying around for these new ventures that come and go. Every one in San Jose and Colorado have been given at least one weeks notice. The follow on rumor is that Great Wall wants to continue designing and building disk drives primarily for internal consumption. On the Maxtor/Quantum deal, I understand it will be a "fair transaction." and for sometime to come the MKE and Maxtor manufacturing will remain until a better arrangement is found. Remembering what happened with the earthquake in Taiwan and the flooding in Nagoya, it wouldn't be a half bad idea to keep two separate manufacturing facilities. Samsung swears up and down they intend to remain in the disk drive business. I and many others figured they would have thrown in the towel a year ago. But they are getting very, very slim on technical depth in their San Jose design center. They just lost their VP of Engineering, Logan Saverimuthu. Regards, LT

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